MARCSTOR: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MARCSTOR
Largest movements
- Cash +€11,118
up €11,118 (+124.2%), from €8,950 to €20,069
mainly Other debts (+€29,916) and Receivables within one year (+€1,043)
- Receivables within one year -€1,043
down €1,043 (-15.6%), from €6,673 to €5,630
- Deferred charges and accrued income -€915
down €915 (-66.4%), from €1,378 to €463
- Other debts +€29,916
up €29,916 (+222.1%), from €13,469 to €43,384
- Profit (loss) carried forward -€15,378
down €15,378 (-35.6%), from -€43,208 to -€58,586
- Trade debts -€3,565
down €3,565 (-70.5%), from €5,053 to €1,488
- Tax, wage and social debts -€1,812
down €1,812 (-44.8%), from €4,047 to €2,235
of which Remuneration and social security: -€3,790
- Gross operating margin -€20,424
down €20,424, from €14,550 to -€5,875
- Staff costs -€8,504
down €8,504 (-48.7%), from €17,463 to €8,959
- Depreciation -€2,145
no longer reported in 2025 (was €2,145)
- Other operating charges -€1,096
down €1,096 (-75.3%), from €1,456 to €360
- Financial income -€851
down €851 (-97.4%), from €873 to €23
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,301 | €27,461 | +€9,160 | +50.1% |
| Fixed assets | 21/28 | €1,300 | €1,300 | = | 0.0% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €17,001 | €26,161 | +€9,160 | +53.9% |
| Amounts receivable within one year | 40/41 | €6,673 | €5,630 | -€1,043 | -15.6% |
| Trade receivables | 40 | €6,673 | €5,630 | -€1,043 | -15.6% |
| Cash at bank and in hand | 54/58 | €8,950 | €20,069 | +€11,118 | +124.2% |
| Deferred charges and accrued income | 490/1 | €1,378 | €463 | -€915 | -66.4% |
| Total equity and liabilities | 10/49 | €18,301 | €27,461 | +€9,160 | +50.1% |
| Equity | 10/15 | -€4,268 | -€19,646 | -€15,378 | -360.3% |
| Reserves | 13 | €38,940 | €38,940 | = | 0.0% |
| Distributable reserves | 133 | €38,940 | €38,940 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,208 | -€58,586 | -€15,378 | -35.6% |
| Amounts payable | 17/49 | €22,569 | €47,107 | +€24,539 | +108.7% |
| Amounts payable within one year | 42/48 | €22,569 | €47,107 | +€24,539 | +108.7% |
| Trade debts | 44 | €5,053 | €1,488 | -€3,565 | -70.5% |
| Suppliers | 440/4 | €5,053 | €1,488 | -€3,565 | -70.5% |
| Taxes, remuneration and social security | 45 | €4,047 | €2,235 | -€1,812 | -44.8% |
| Taxes | 450/3 | €257 | €2,235 | +€1,977 | +768.8% |
| Remuneration and social security | 454/9 | €3,790 | - | -€3,790 | |
| Other amounts payable | 47/48 | €13,469 | €43,384 | +€29,916 | +222.1% |
| Remuneration, social security and pensions | 62 | €17,463 | €8,959 | -€8,504 | -48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,145 | - | -€2,145 | |
| Other operating charges | 640/8 | €1,456 | €360 | -€1,096 | -75.3% |
| Gross operating margin | 9900 | €14,550 | -€5,875 | -€20,424 | |
| Operating profit (loss) | 9901 | -€6,515 | -€15,194 | -€8,679 | -133.2% |
| Financial income | 75/76B | €873 | €23 | -€851 | -97.4% |
| Recurring financial income | 75 | €873 | €23 | -€851 | -97.4% |
| Financial charges | 65/66B | €241 | €207 | -€34 | -14.3% |
| Recurring financial charges | 65 | €241 | €207 | -€34 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,882 | -€15,378 | -€9,496 | -161.4% |
| Profit (loss) for the period | 9904 | -€5,882 | -€15,378 | -€9,496 | -161.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,882 | -€15,378 | -€9,496 | -161.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.